Record SpaceX IPO rockets Trill'Elon'aire Musk as stock ends at $161
Despite the excitement, SpaceX remains unprofitable and generates significantly less revenue than several technology companies with comparable market valuations. The listing proceeded without major disruptions
Despite the excitement, SpaceX remains unprofitable and generates significantly less revenue than several technology companies with comparable market valuations. The listing proceeded without major disruptions, in contrast to some high-profile public offerings of the past. Trading began late on Friday morning and the stock eventually closed at $160.95 per share, giving the company a market capitalisation of approximately $2.1 trillion.
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